CrowdStrike CEO donates over $1bn worth of company shares



05/13/2025 6:50 AM


George Kurtz, the CEO of US cybersecurity company CrowdStrike, has donated over $1bn in shares of his firm, as indicated by filings available on the US Securities and Exchange Commission (SEC) website.



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Kurtz's submissions do not reveal the recipient, but records from four trusts indicate that approximately half of the shares were granted to him. The trusts divested most of those securities, generating at least $1.2 billion.

Kurtz's papers indicate charitable and estate planning efforts, CrowdStrike informed Bloomberg.

As of September 2022, Kurtz has personally sold over $200 million in stock.

Since 2022, his ownership of voting rights in the company has reduced to 2.5% from 31%.

Kurtz's wealth is valued at $3.2 billion.

In 2024, CrowdStrike became embroiled in a controversy when a software error led to malfunctions in approximately 8.5 million computers globally, resulting in issues for air travel, banking, and healthcare services.

source: bloomberg.com


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